"It will take a rally of monumental proportions to save the penis of John McAfee" - Zerohedge, 2017

Wednesday, September 3, 2014

STOCK MARKET CRASH IMMINENT: here's what you need to know

S&P looks good:

It's still moving up to all-time highs.

However:

The $VIX has been printing an upward channel for the past week. That indicates a bit of disbelief, and an increasing craving for downside protection.

Also:

Junk hasn't been moving higher. It seems to be nailed in place.

So okay, I'm not really calling for a stock market crash; but I do think the market is doing something different from what it has been doing, and that's interesting in a finger-on-the-trigger kind of way.

Now let's see if we can get Ritholtz to start piddling his frilly pink panties again.